Hinduja Global Solutions Ltd
Hinduja Global Solutions Ltd is engaged in the business of business process management (BPM). It offers voice and non-voice based services such as contact center solutions and back office transaction processing across the globe.[1]
The company is a part of Hinduja Group which has presence in Automotive, information Technology, media, entertainment & communications, infrastructure project, development, oil & specialty chemicals, power, real estate and healthcare. It employs ~200,000 people globally.[2]
- Market Cap ₹ 1,765 Cr.
- Current Price ₹ 379
- High / Low ₹ 550 / 342
- Stock P/E
- Book Value ₹ 1,788
- Dividend Yield 1.32 %
- ROCE 1.46 %
- ROE 0.39 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.21 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.6% over past five years.
- Company has a low return on equity of 1.08% over last 3 years.
- Contingent liabilities of Rs.2,810 Cr.
- Earnings include an other income of Rs.651 Cr.
- Dividend payout has been low at 8.15% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,808 | 3,321 | 3,711 | 3,849 | 4,470 | 4,986 | 2,602 | 4,273 | 4,505 | 4,616 | 4,404 | 4,307 | 4,301 | |
| 2,495 | 3,010 | 3,293 | 3,440 | 4,052 | 4,320 | 2,520 | 4,002 | 4,257 | 4,255 | 4,141 | 4,205 | 4,266 | |
| Operating Profit | 313 | 311 | 418 | 409 | 419 | 667 | 81 | 271 | 248 | 360 | 263 | 102 | 36 |
| OPM % | 11% | 9% | 11% | 11% | 9% | 13% | 3.1% | 6% | 6% | 8% | 6% | 2.4% | 0.8% |
| 25 | 26 | 23 | 21 | 47 | 58 | 353 | 6,225 | 581 | 472 | 772 | 688 | 651 | |
| Interest | 39 | 40 | 43 | 35 | 40 | 94 | 35 | 161 | 141 | 188 | 234 | 210 | 194 |
| Depreciation | 105 | 136 | 143 | 141 | 178 | 291 | 117 | 345 | 455 | 534 | 523 | 505 | 500 |
| Profit before tax | 193 | 160 | 255 | 254 | 247 | 339 | 282 | 5,991 | 232 | 110 | 278 | 76 | -8 |
| Tax % | 15% | 37% | 30% | 22% | 29% | 39% | -19% | -1% | -44% | -19% | 64% | 93% | |
| 165 | 100 | 179 | 199 | 176 | 206 | 336 | 6,061 | 334 | 131 | 101 | 5 | -72 | |
| EPS in Rs | 39.86 | 24.31 | 43.27 | 48.23 | 42.49 | 48.43 | 80.39 | 1,446.78 | 63.22 | 28.63 | 26.10 | 6.92 | -9.34 |
| Dividend Payout % | 25% | 31% | 12% | 10% | 12% | 21% | 25% | 15% | 24% | 24% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 11% |
| 3 Years: | -1% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -41% |
| 3 Years: | -50% |
| TTM: | -57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -23% |
| 3 Years: | -28% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 18% |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 42 | 53 | 47 | 47 | 47 |
| Reserves | 1,054 | 1,168 | 1,317 | 1,499 | 1,623 | 1,699 | 2,064 | 8,034 | 8,494 | 7,441 | 7,662 | 8,270 |
| 641 | 838 | 662 | 586 | 592 | 605 | 1,180 | 1,409 | 998 | 2,107 | 1,943 | 1,968 | |
| 358 | 410 | 441 | 515 | 719 | 1,720 | 1,077 | 2,121 | 1,743 | 1,461 | 1,499 | 1,237 | |
| Total Liabilities | 2,073 | 2,436 | 2,440 | 2,620 | 2,955 | 4,045 | 4,342 | 11,605 | 11,288 | 11,056 | 11,150 | 11,521 |
| 772 | 936 | 949 | 919 | 1,033 | 1,733 | 1,578 | 2,176 | 2,812 | 2,756 | 2,922 | 2,895 | |
| CWIP | 4 | 14 | 32 | 1 | 5 | 5 | 3 | 9 | 13 | 13 | 9 | 18 |
| Investments | 9 | 10 | 5 | 11 | 15 | 10 | 5 | 2,482 | 2,753 | 3,300 | 3,643 | 4,144 |
| 1,289 | 1,476 | 1,454 | 1,689 | 1,902 | 2,297 | 2,756 | 6,938 | 5,710 | 4,986 | 4,576 | 4,464 | |
| Total Assets | 2,073 | 2,436 | 2,440 | 2,620 | 2,955 | 4,045 | 4,342 | 11,605 | 11,288 | 11,056 | 11,150 | 11,521 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 191 | 146 | 409 | 343 | 170 | 884 | 692 | 530 | 111 | 192 | 457 | 413 | |
| -62 | -186 | -120 | -55 | -226 | -366 | -217 | 1,871 | 32 | 178 | 518 | -84 | |
| -90 | -69 | -246 | -136 | -83 | -310 | -476 | -867 | -1,108 | -808 | -898 | -511 | |
| Net Cash Flow | 40 | -109 | 43 | 152 | -138 | 208 | -1 | 1,534 | -964 | -438 | 77 | -183 |
| Free Cash Flow | 29 | -106 | 229 | 222 | -16 | 771 | 539 | 99 | 173 | 263 | 238 | 286 |
| CFO/OP | 87% | 65% | 116% | 93% | 59% | 153% | 1,011% | 433% | 120% | 71% | 160% | 440% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 50 | 46 | 78 | 95 | 72 | 173 | 61 | 59 | 59 | 63 | 74 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 53 | 50 | 46 | 78 | 95 | 72 | 173 | 61 | 59 | 59 | 63 | 74 |
| Working Capital Days | 42 | 24 | 13 | 5 | 38 | 31 | 111 | -11 | 158 | 48 | 72 | 75 |
| ROCE % | 12% | 11% | 15% | 15% | 13% | 20% | 1% | 2% | 2% | 2% | 3% | 1% |
Insights
In beta| Dec 2015 | Dec 2016 | Jan 2020 | Jun 2021 | Mar 2025 | |
|---|---|---|---|---|---|
| Number of Delivery Centers centers |
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| Total Employee Headcount employees |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper advertisement for transfer of equity shares of the Company to IEPF.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
- IMCL will sell Bhima Riddhi and Vinsat stakes for Rs 23.17 crore; both cease as step-down subsidiaries.
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Letter Sent To Members
- HGS dispatched FY2025-26 annual report and AGM notice; AGM scheduled for September 25, 2026.
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Intimation On Tax Deduction On Dividend
- HGS informs shareholders on 5/share final dividend TDS rules and September 18, 2026 record date.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Completion of dispatch of AGM Notice and Annual Report 2025-26.
Annual reports
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Annual Report 2026
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Annual Report 2011
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Concalls
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Business Overview
The company is engaged in Business Process Management (BPM) and Media and Communication business(Digital Services). The BPM segment offers voice and non-voice-based services such as contact center solutions and back-office transaction processing across America, Canada, Europe, Asia and the Middle East. Its digital business is India’s premier integrated Digital Delivery Platforms Company delivering services via satellite, digital cable and broadband to over 5 million customers across 1,500 cities and towns. [1]